Mastercard: no more risks when buying cryptocurrency

Mastercard has been successful in cryptocurrency and recently introduced a new and effective anti-fraud tool. The anti-fraud agency was presented to the public on 4.10.22, and its purpose is to be able to identify and interrupt transfers that do not comply with legal norms. 

Due to its built-in artificial intelligence, the program can recognize criminal crypto exchange transactions in Mastercard's system. What does this give investors and crypto traders? A high level of security, the ability to make payments and transfers without the risk of losing money or assets. 

The system is backed by CipherTrace, which aims to guarantee blockchain security. Experts believe that CipherTrace can compete with the well-known Chainalysis, whose activities are related to detecting cryptocurrency crimes.  

Thanks to the new security mechanism, it will be possible to minimize the number of fraudulent transactions and preserve investors' assets. A similar scheme in MasterCard works with fiat transactions.